Archived News

23/08/2012 (The Star) - TSH Resources Bhd's earnings fell 59.3% to RM14.62mil in the second quarter ended June 30, 2012 from RM35.96mil a year ago due to lower fresh fruit bunches (FFB) production and lower average crude palm oil (CPO) price.

23/08/2012 (Bernama) - Kenanga Research expects Sime Darby's core earnings to hit a historical high of RM4.02 billion in its 2012 financial year earnings.

23/08/2012 (Bernama) - Felda Global Ventures Holdings Bhd, the world's third largest palm oil company by hectarage, plans to buy 150,000 hectares estate land over five years to realise its cherished vision to emerge as the world leader in the oil palm industry.

23/08/2012 (Bernama) - Kenanga Investment Bank Bhd has maintained TSH Resources Bhd's financial years 2012 and 2013 (FY12, 13) earning estimates of RM112 million-RM149 million based on crude palm oil price assumption of RM3,150-RM3,100 and fresh fruit bunches (FFB) production of 448,000-583,000 tonnes.

23/08/2012 (Bernama) - The Malaysian Palm Oil Council (MPOC) is tasked with promoting the market expansion of palm oil through creating awareness of various technologies, economic advantages, nutritional wholesomeness and environmental sustainability of Malaysian palm oil.

22/08/2012 (Plastics Today) - Malaysian biochemical company Emery Oleochemicals is investing €20 million (US$25million) in its Loxstedt, Germany site, expanding manufacturing and adding Technical Development Centre (TDC) for its biobased additives, Loxiol and Edenol.

22/08/2012 (Business Standard) - Crude palm oil rose by 0.88% to Rs 4.90 per 10 kg in futures trade today as traders created fresh positions on the back of a firming global trend.

22/08/2012 (Hindu Business Line) - Edible oils market ruled firm on Monday in line with price rise by refiners. Undercurrent remained positive on expectation of higher festival demand and tracking extended gains in Malaysian palm oil futures.

22/08/2012 (Borneo Post) - CB Industrial Product Holding Bhd’s (CBIP) results for the first half of financial year 2012 ending December (1HFY12) have come within consensus estimates, making up 57 to 60 per cent of FY12 forecasts.

22/08/2012 (The Star) - Crude palm oil (CPO) futures for third month delivery rose to a high of RM3,056 on Wednesday, tracking gains in soybean oil, the highest since July 17.

22/08/2012 (CSR Asia) - In the realm of sustainability initiatives, a plethora of certification systems for different commodities has developed in the last 20 years. Business leaders and civil society have created “Roundtables” on a range of such commodities including forestry products, fish, palm oil, and coca. A new initiative – the Sustainable Rice PlatformDuPont Crop Protection, the Kellogg Company, Mars Food Europe, Nestlé, and Syngenta. (SRP)– has recently kicked off with the support of the International Rice Research Institute (IRRI) here in Asia, after being initiated by the United Nations Environment Programme (UNEP). Founding corporate members include:

21/08/2012 (The Africa Report) - Palm oil, rubber and timber are the keys to creating tens of thousands of low-skilled jobs in Liberia, but investors and the government are still looking for ways to maximise profits, minimise abuses and increase benefits to local communities.